507 Ridings Ave, Molalla, OR 97038 Property Records

Clackamas County property record for 507 Ridings Ave, Molalla, OR 97038

Property Summary

Property TypeQuadplex
Details8 bd · 6 ba · 5,280 sqft · built 1986
Lot Size0.26 acres (11,326 sqft)
OwnerCompany Name on File
Last Sale$475,000 (Jan 2017)
Tax Bill$9,911 (2025)
Deeds & MortgagesJul 2024 Sale
Jan 2017 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN52E08A 05306

Property Details

APN / Parcel Number

Primary APN52E08A 05306
Alternative APN
  • 05023638

Interior

Bedrooms8 Beds
Full Baths6 Baths
Half Baths4 Half Baths
Units4 Units
Building Area5,280 sqft Living Area

Exterior

Year BuiltBuilt 1986
Effective Year BuiltEffective 1986
Architectural StyleQuadruplex
Lot Area11,326 sqft (0.26 acres)

Location & Zoning

Account Number05023638
Street Address507 RIDINGS AVE
CityMOLALLA
StateOR
Zip97038-9231
Property CategoryResidential
Property TypeResidential > Multi-Unit > Quadplex
Local Zoning CodeR3
Legal DescriptionPARTITION PLAT 2011-032 PARCEL 2
Legal Range2E
Legal Township5S
Legal Section08
Legal SubdivisionPARTITION PLAT 2011-032
Legal Lot Number2
JurisdictionCLACKAMAS OR
Township / Civil DivisionMOLALLA
Census Block Group1
Census Block1011
Census Tract23901

Owner

507 Ridings Ave, a quadplex, is owned by a company that acquired it in February 2024.

Source: Clackamas County records, as of October 29, 2025

Owner of RecordCompany Name on File
Mailing Address507 RIDINGS AVE, MOLALLA, OR 97038-9231
Owner TypeCompany
VestingLimited Liability Partnership

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Jul 24, 2024Warranty Deed, Transfer
Jan 3, 2017Warranty Deed, Transfer · Conventional Mortgage
GARY SCHOENBORN

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJan 3, 2017 · Amount on File
Deed SaleJan 3, 2017 · Amount on File
Deed Document Number201773
Last Transfer DateFeb 8, 2024
Transfer Doc0000004557
Record UpdatedSep 20, 2026

July 2024: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionCLACKAMAS OR
Recording DateJul 24, 2024
Property Address507 RIDINGS AVE, MOLALLA, OR 97038-9231
Document Number0000027031
Instrument DateJul 23, 2024
Instrument2024-027031
Transaction TypeTransfer
Record UpdatedJan 15, 2026

Transaction

Tax$0.00
Amount AccuracyNo Consideration Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name

January 2017: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionCLACKAMAS OR
Recording DateJan 3, 2017
Property Address507 RIDINGS AVE, MOLALLA, OR 97038-9231
Document Number0000000073
Instrument DateDec 29, 2016
Instrument73
Transaction TypeTransfer
Record UpdatedJan 6, 2017
Title CompanySANTIAM ESCROW INC

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$475.00
Amount AccuracyConfirmed
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenants by the Entirety
AddressPO BOX 1065 MOLALLA OR 970381065, MOLALLA, OR 97038-1065

Mortgage

Document Number74,
DateJan 3, 2017
Instrument74
Lender
NameGARY SCHOENBORN
Special NotesSeller Financed
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term120 Months
DueJan 2, 2027

Tax Assessment & Valuation

The 2025 property tax bill for 507 Ridings Ave was $9,911.

Source: Clackamas County assessment roll, as of October 29, 2025

Property Jurisdictions

TypeName
StateOregon
CountyClackamas County
MunicipalityMolalla City
Unified School DistrictMolalla River School District 35 (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$9,911.00$517,415$1,002,734 Land $241,354 Building $761,380
2023$8,136.00$487,714$1,005,984 Land $239,284 Building $766,700

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 507 Ridings Ave in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective April 12, 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 507 Ridings Ave is low, with a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 80% of the US · lower than 93% of Oregon
Wildfire Likelihood0.01% annual chance
ExposureDirect
burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCITY OF MOLALLA
serves 10,298 people · EPA ID OR4100534
Water SourceSurface water
Last State InspectionJun 2023
Lead1 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting2
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 534 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Molalla Communications Company
Fiber
2,500 / 2,500
Astound Broadband
Cable
1,500 / 50
Verizon
Fixed Wireless
300 / 20

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